iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) Short Interest Update

iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 1,434 shares, a drop of 77.5% from the May 14th total of 6,375 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 2,359 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in iShares LifePath Target Date 2065 ETF stock. Heck Capital Advisors LLC increased its position in iShares LifePath Target Date 2065 ETF (NYSEARCA:ITDI) by 20.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,143 shares of the company’s stock after purchasing an additional 1,380 shares during the quarter. Heck Capital Advisors LLC owned approximately 1.77% of iShares LifePath Target Date 2065 ETF worth $306,000 as of its most recent SEC filing.

iShares LifePath Target Date 2065 ETF Trading Up 0.5%

Shares of iShares LifePath Target Date 2065 ETF stock traded up $0.19 during mid-day trading on Friday, reaching $41.78. 1,233 shares of the stock were exchanged, compared to its average volume of 4,740. The company has a market cap of $25.07 million, a price-to-earnings ratio of 20.19 and a beta of 0.89. The firm has a 50-day simple moving average of $40.51 and a 200 day simple moving average of $39.03. iShares LifePath Target Date 2065 ETF has a fifty-two week low of $33.20 and a fifty-two week high of $42.52.

About iShares LifePath Target Date 2065 ETF

The iShares LifePath Target Date 2065 ETF (ITDI) is an exchange-traded fund that mostly invests in target date asset allocation. The fund is an actively managed fund-of-funds that invests in equity, fixed income, and money market ETFs using an asset allocation strategy that shifts exposure as the target retirement date approaches. The fund is intended for investors who anticipate retiring around 2065 ITDI was launched on Oct 17, 2023 and is issued by BlackRock.